Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 2054 results found. Search for [ income tax return ]

Results 1 to 21 of 2054
BusinessToday.In
New Delhi, April 15, 2021
Technology, especially its tools such as data analytics and artificial intelligence, is ending the heydays of exploiting information gaps to hide income from the taxman. Tax authorities are detecting mismatches in tax returns using tonnes of information about large transactions from banks, mutual funds, companies issuing shares, stamp and registration departments of states and sounding alerts about possible tax evasion, with different wings of the revenue department, direct tax, indirect tax and customs sharing data. However, the nationwide drive to find evaders has also given a free hand to corrupt officials to exploit the system with arbitrary notices and demands. Small and large businesses are at the receiving end of the taxman's hounding, threats and at times even violence. Watch the video for more.Also Read: Indirect tax collection rises 12.3% to Rs 10.7 lakh cr in FY21


Avneet Kaur
April 6, 2021
Overnight funds and liquid funds, which delivered average returns of 6.97 per cent and 6.46 per cent in 2018 and 2019 respectively, offered meager returns of around 3.8 per cent in 2020


BusinessToday.In
April 5, 2021
Taxpayers can import and pre-fill the data from e-filing portal and can also fill the remaining data. Since the facility to upload income taxreturn forms is not enabled yet, filers can fill and save the offline utility for now


BusinessToday.In
April 1, 2021
Only the bare minimum changes necessitated due to amendments in the Income-tax Act, 1961 have been incorporated in the forms, CBDT said in the notification for the new ITR forms


BusinessToday.In
March 31, 2021
Originally, the deadline for linking PAN with Aadhaar was expiring on March 31, 2021, with the end of the current financial year. Failing to link the two would by the last date would render the PAN invalid


Aprajita Sharma
March 31, 2021
The interest that you earn from employee's provident fund (EPF) is exempt from tax under the existing tax provisions. However, from FY22, if your EPF contribution goes above Rs 2.5 lakh in a financial year, the interest earned on the excess amount will be taxable


Dipak Mondal
New Delhi, March 31, 2021
As tech helps tax authorities check evasion and fraud, taxpayers complain of harassment and misuse of powers


BusinessToday.In
March 31, 2021
Income tax rule changes: Union Finance Minister Nirmala Sitharaman had announced new income tax rules in her Union Budget 2021 speech


BusinessToday.In
March 31, 2021
Last day of financial year: If you do not link your PAN with your Aadhaar, it will become invalid. The government had extended the deadline to link PAN and Aadhaar to March 31, 2021


Aprajita Sharma
March 30, 2021
There could be multiple reasons for taxpayers receiving the I-T notice. The prominent ones being non-reporting of FD interest and savings bank account interest in the ITR


BusinessToday.In
March 30, 2021
Cairn Energy says it has full confidence on its position. The company will continue to take all steps necessary to protect the interests of its shareholders, adds British energy giant


BusinessToday.In
March 28, 2021
Cairn is aiming Indian government assets in the US, UK, Canada, France, Singapore, the Netherlands and three other countries. These are primarily non-diplomatic assets, owned by the Indian government


BusinessToday.In
March 26, 2021
SC bench comprising CJI Bobde, justices AS Bopanna and V Ramasubramaniam says electoral bonds have been issued periodically since 2018. \"Bonds are released on periodical intervals. Have been released in 2018, 2019 and 2020,\" it ruled


BusinessToday.In
March 25, 2021
Every person who has been allotted PAN as of 1 July 1, 2017 and who is eligible to obtain Aadhaar number is required to link his PAN to Aadhaar


Avneet Kaur & Aprajita Sharma
New Delhi, March 18, 2021
Business Today-Money Today Financial Services Awards honour the best in mutual fund, insurance and pension sectors


PTI
March 17, 2021
Unaccounted cash of Rs 50 lakh, jewellery worth Rs 3 crore and nine luxury vehicles worth Rs 12.5 crore were seized by the tax department after the raids.


Aprajita Sharma
March 16, 2021
Sensex surged to an all-time high on February 16, 2021. Many of you must have incurred handsome gains in your equity portfolio. Now is the time to take stock of it and apply some tax planning hacks to reduce your tax outgo on booked profits


Dipak Mondal
March 15, 2021
The SMS and email alerts sent by the tax department to such taxpayers ask them to verify the transactions under e-campaign tab of the compliance portal, which has been created under the income tax department's Project Insight initiative


Avneet Kaur
March 5, 2021
Ahead of savings and investments, it is crucial for women to cover against any health risks. Unforeseen medical expenses may eat upon your investments and pull down your goals for which you have been saving for long


BusinessToday.In
March 4, 2021
NRIs facing double taxation even after taking into account the relief provided by the relevant Double Taxation Avoidance Agreement will have to fill Form-NR electronically by March 31, 2021


PAGES 1 OF 103  12345